A KPC fuel transportation and storage facility. /KPC

Kenya Pipeline Company (KPC) has opened a major Initial Public Offering (IPO), inviting Kenyans and other investors to buy shares at Sh9 per share. Below is a step-by-step listicle explaining what the offer entails and how interested investors can participate in this historic public offer.

1. Understand the KPC IPO offerThe Kenyan government is offering 11.81 billion ordinary shares of Kenya Pipeline Company at Sh9 per share through an IPO, representing 65 per cent of the company’s equity.

2. Note the offer timelineThe IPO opened on January 19, 2026 at 9 a.m. and will run until February 19, 2026 at 5 p.m. Investors must submit their applications within this window.

3. Know the minimum investmentThe minimum number of shares an investor can buy is 100, meaning the smallest entry point is Sh900 (excluding any transaction fees).

Enjoying this article? Subscribe for unlimited access to premium sports coverage.
View Plans

4. Check who can applyApplications are open to a wide range of investors, including individual retail investors, Kenyan institutional investors, East African Community (EAC) investors, foreign investors, oil marketing companies, and KPC employees.

5. Prepare essential accounts and requirementsTo participate, you must have a valid Central Depository System (CDS) account, which holds your shares electronically. If you don’t have one yet, contact a licensed stockbroker or investment bank to open one before the offer closes.

6. Apply through digital channelsThe IPO process is fully digital:

  • USSD application: Individuals can dial *483*816# from a registered Kenyan mobile number; this integrates payment via M-Pesa.

  • Online portal: All investor categories can apply through the online site at kpcipo.e-offer.app from any internet-enabled device.

7. Pay and await allocation and listingDuring application, payment is made through integrated methods such as M-Pesa or bank transfer. Once the offer closes, shares will be allocated; if there’s oversubscription, investors may receive fewer shares than applied for with refunds for any excess funds. Kenya Pipeline Company’s shares are scheduled to be listed on the Nairobi Securities Exchange (NSE) on March 9, 2026, where investors can hold or trade them.